Cms Energy CMS
NYSE CMS
$68.17 -0.62 (-0.90%)
As of: Sep 9, 2026 · 3:59 PM EDT

Cms Energy (CMS) Capital Expenditures (2009 - 2026)

Cms Energy's (CMS) quarterly Capital Expenditures came in at $2.0 billion in Q2 2026, up 126.92% on a YoY basis from $884.0 million in Q2 2025, and up 93.07% quarter-over-quarter from $1.0 billion in Q1 2026.

Analysis

Cms Energy (CMS) Capital Expenditures (2009 - 2026) Analysis & Trends

Cms Energy (CMS) has reported Capital Expenditures for 18 consecutive years, with $2.0 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Capital Expenditures rose 126.92% year-over-year to $2.0 billion; the trailing twelve-month figure through Jun 2026 stood at $1.9 billion (up 94.47% YoY), and the FY2025 full-year result was $662.0 million, up 28.05% from the prior year.
  • Capital Expenditures advanced to $2.0 billion in Q2 2026 per CMS's latest filing, from $1.0 billion in the prior quarter.
  • Across five years, Capital Expenditures topped out at $2.0 billion in Q2 2026 and bottomed at -$2.1 billion in Q4 2025.
  • Historically, Capital Expenditures has averaged $275.9 million across 5 years, with a median of $520.0 million in 2022.
  • The widest YoY moves for Capital Expenditures: up 710.71% in 2024, down 52666.67% in 2024.
  • Over 5 years, Capital Expenditures stood at $1.0 million in 2022, then slumped by 400.0% to -$3.0 million in 2023, then plunged by 52666.67% to -$1.6 billion in 2024, then sank by 31.9% to -$2.1 billion in 2025, then surged by 196.07% to $2.0 billion in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $2.0 billion, $1.0 billion, and -$2.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Enel Chile 310.56 Bn 310.56 Bn 890.00 Mn -
2 Dominion Energy 57.37 Bn 56.59 Bn 3.50 Bn 87.00 Mn
3 Xcel Energy 47.65 Bn 45.64 Bn 3.12 Bn 2.95 Bn
4 Wec Energy 34.59 Bn 34.54 Bn 1.45 Bn 1.26 Bn
5 Ameren 29.37 Bn 29.36 Bn - 1.08 Bn
6 Firstenergy 26.72 Bn 26.53 Bn 2.51 Bn 1.35 Bn
7 Hydro One 22.94 Bn 22.55 Bn - 812.00 Mn
8 Edison International 22.20 Bn 21.96 Bn 3.29 Bn -
9 Cms Energy 21.18 Bn 20.93 Bn 3.65 Bn 2.01 Bn
10 Connecticut Light & Power 19.56 Bn 19.60 Bn 4.00 Bn 1.01 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.01 Bn
Mar 31, 2026 1.04 Bn
Dec 31, 2025 -2.09 Bn
Sep 30, 2025 978.00 Mn
Jun 30, 2025 884.00 Mn
Mar 31, 2025 888.00 Mn
Dec 31, 2024 -1.58 Bn
Sep 30, 2024 806.00 Mn
Jun 30, 2024 681.00 Mn
Mar 31, 2024 613.00 Mn
Dec 31, 2023 -3.00 Mn
Jun 30, 2023 84.00 Mn
Mar 31, 2023 157.00 Mn
Dec 31, 2022 1.00 Mn
Sep 30, 2022 65.00 Mn
Jun 30, 2022 -358.00 Mn
Mar 31, 2022 520.00 Mn
Dec 31, 2021 -1.25 Bn
Sep 30, 2021 564.00 Mn
Jun 30, 2021 442.00 Mn